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CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
Collective trust fund. Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental ...
The Undertakings for Collective Investment in Transferable Securities Directive ( UCITS) 2009/65/EC is a consolidated EU directive that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements ...
Nvidia’s quarterly results catapulted its stock up 9% a day after reporting earnings, crossing the $1,000 threshold for the first time ever. ... Nvidia’s landmark performance hasn’t been ...
CIT to Announce Fourth Quarter and Year-End 2012 Financial Results on Tuesday, January 29 th Conference Call and Audio Webcast Scheduled for 8:00 AM EST NEW YORK--(BUSINESS WIRE)-- CIT Group Inc ...
Performance attribution, or investment performance attribution is a set of techniques that performance analysts use to explain why a portfolio 's performance differed from the benchmark. This difference between the portfolio return and the benchmark return is known as the active return. The active return is the component of a portfolio's ...
John Thain. John Alexander Thain (born May 26, 1955) is an American financial executive and investment banker. He was president and co-COO of Goldman Sachs, and then CEO of the New York Stock Exchange. Thain then became the last chairman and CEO of Merrill Lynch & Co. before its merger with Bank of America.
Manning & Napier Adds New Class with Zero Revenue Share to Pro-Mix® CIT Fund Family New unit class offers greater transparency for plan sponsors and participants FAIRPORT, N.Y.--(BUSINESS WIRE ...